CREDIT CARDS Krystian Zamorski II Year of Studies

  • Slides: 15
Download presentation
CREDIT CARDS Krystian Zamorski II Year of Studies, Second Cycle of Studies Maths –

CREDIT CARDS Krystian Zamorski II Year of Studies, Second Cycle of Studies Maths – Application of Maths in Finance and Banking

Contents 1. 2. 3. 4. 5. What is a Credit Card? Transactions Limit; Fees;

Contents 1. 2. 3. 4. 5. What is a Credit Card? Transactions Limit; Fees; Additional Services (Offers); 6. Conclusion.

What is a Credit Card? - credit card is a transaction tool - can

What is a Credit Card? - credit card is a transaction tool - can be used (in the whole world) to: - non – cash operations; - cash operations.

Transactions - payment for shopping; for other services (restaurants, etc. ); payment on the

Transactions - payment for shopping; for other services (restaurants, etc. ); payment on the Internet; payment (foreign transfer) order; withdrawal.

The Annual value of credit cards transactions in Poland 300 000, 0 250 000,

The Annual value of credit cards transactions in Poland 300 000, 0 250 000, 0 200 000, 0 Quantity of transactions 150 000, 0 100 000, 0 50 000, 0 1 999 2 000 2 001 2 002 2 003 2 004 2 005 2 006 2 007 2 008 2 009 2 010 2 011 2 012 2 013 2 014

Total value of credit card transactions worldwide by leading credit card brands (in billion

Total value of credit card transactions worldwide by leading credit card brands (in billion U. S. dollars) in 2012

Limit - maximal amount on your card; you don’t have to use it; every

Limit - maximal amount on your card; you don’t have to use it; every transaction decreases limit; if you have Credit Security

Fees - payment for used limit payment for card (for using); minimal amount; APR

Fees - payment for used limit payment for card (for using); minimal amount; APR – Annual Percentage Rate; percentage; other fees.

Additional Services (Offers) • insurances; • Air Miles; • discounts (dining, travel, cinema tickets,

Additional Services (Offers) • insurances; • Air Miles; • discounts (dining, travel, cinema tickets, hotels, etc. ); • Consierge service (Platinum or Elite Cards).

Conclusion • • • Credit card is a comfortable tool; Easy to use; Many

Conclusion • • • Credit card is a comfortable tool; Easy to use; Many possibilities of transactions; Many additional offers; Many types of fees for card using.

Bibliography 1. 2. 3. 4. www. nbp. pl www. hsbc. ae www. aliorbank. pl

Bibliography 1. 2. 3. 4. www. nbp. pl www. hsbc. ae www. aliorbank. pl www. statista. com

Thank you all for watching.

Thank you all for watching.

Let’s discuss 1. After this presentation, would you like to use credit card? Why?

Let’s discuss 1. After this presentation, would you like to use credit card? Why? (Why not? ), 2. What is best and worst in credit cards for you? , 3. Do you think, that credit card will replace cash (money) completely in the future?

True or False? 1. We can’t use a bigger amount than the value of

True or False? 1. We can’t use a bigger amount than the value of limit that we have on our card. 2. We have to pay percentage for maximal limit. 3. There’s a possibility to „hide” from payment for using the card. 4. We can’t pay less than the limit we used.

Translate this, please. • • Amount; Transfer (payment) order; Annual Percentage Rate; Insurance;

Translate this, please. • • Amount; Transfer (payment) order; Annual Percentage Rate; Insurance;

CREDIT CARDS How credit cards work Credit CardsCREDIT CARDS How credit cards work Credit Cards
CREDIT Credit Cards AdvantagesDisadvantages Bankruptcy Credit Cards CreditCREDIT Credit Cards AdvantagesDisadvantages Bankruptcy Credit Cards Credit
Credit Cards Avoiding the Credit Trap Credit CardsCredit Cards Avoiding the Credit Trap Credit Cards
Credit Cards CREDIT CARDS UNDERSTANDING THE CREDIT CARDCredit Cards CREDIT CARDS UNDERSTANDING THE CREDIT CARD
Credit Cards Credit Types of Credit Credit theCredit Cards Credit Types of Credit Credit the
CREDIT CARDS Credit Cards When used and managedCREDIT CARDS Credit Cards When used and managed
Credit Cards Personal Finance Lab Credit Cards 101Credit Cards Personal Finance Lab Credit Cards 101
Credit Cards in the U S Credit CardsCredit Cards in the U S Credit Cards
Bank Credit Cards Chapter 10 2 Credit CardsBank Credit Cards Chapter 10 2 Credit Cards
CREDIT CARDS How many Americans use credit cardsCREDIT CARDS How many Americans use credit cards
Credit Cards Question 1 How many credit cardsCredit Cards Question 1 How many credit cards
Credit Vs Debit cards What are Credit CardsCredit Vs Debit cards What are Credit Cards
Credit Cards Credit Credit when good or serviceCredit Cards Credit Credit when good or service
Credit Cards Dylan Donahue What is Credit CreditCredit Cards Dylan Donahue What is Credit Credit